Geo Energy Resources Limited - Sustainability Report 2023

Geo Energy 41 faith as mosques are a means of strengthening ties, especially amongst Muslim residents in these villages. Drainage Construction We assisted in the drainage construction in Purwodadi village, which helps to alleviate stress off existing infrastructure in the event of inclement weather conditions and provides further resilience to the village during such weather events. In villages such as Purwodadi, which is in Central Java, heavy rainfall in unprepared areas can lead to flooding and road damage, creating traffic hazards and disruptions to daily living. Therefore, the company has invested a total of USD 10,000 to construct 130m2 worth of drainage, which will not only increase the climate resilience of the village but also clear blocked waterways and create a clean and healthy environment. Community Structures We have also successfully created the Library Space Development Program which aims to provide school facilities and infrastructure that are sufficient and suitable for use, allowing students and teachers to have a conducive learning environment. We believe that education is important and should be accessible to everyone, hence we have invested more than USD 13,000 in developing community education capabilities. At the same time, job opportunities are also pivotal to creating support for local communities. Therefore, we have also initiated the Market Stall Development Program in Mekarjaya village, providing facilities that promote market development in the rural environment. Another project that we have undertaken is the installation of public street lighting in Sebaman Baru Village, providing residents with the comfort and security that come with public lighting. This allows for safer road usage and safer public spaces for residents in the area. Overall, we allocated approximately USD 60,000 towards community investment initiatives in Indonesia this year. These investments were aimed at making positive contributions to the local communities and supporting their development. We are committed to supporting our local community and will sustain such efforts in the long term. Corporate Social Responsibility (CSR) investments This year, we have gone beyond our community engagements and provided capital for meaningful events under our corporate social responsibility initiatives. For instance, we donated SGD 10,000 to the National Kidney Foundation Singapore (NKF) walk and run charity event Race Inspired! 2023, held at Waterway Point on April 30, 2023. Donations raised through this event were directed to fund comprehensive renal care and reasonably priced, highquality dialysis for individuals with kidney failure. Furthermore, we donated SGD 15,000 to the Singapore Institute of Technology (SIT) bursary, which supports financially disadvantaged and deserving students who are financially challenged. This donation reflects our commitment to investing in the future of young minds and the belief that education is a fundamental aspect that should be accessible to all regardless of their financial background. Communication of critical concerns Total number of critical concerns that were communicated by our stakeholders through our grievance mechanisms and other processes during the reporting period of 2023 is zero. We will continue to maintain open and safe communication channels for stakeholders to raise their concerns. Our goals and targets Our goals in supporting communities are to: • Improve the livelihood of the communities; and • Improve and raise the overall living standards of the local communities.

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